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of the way. remarkably, nobody injured in this. pedestrians ignore the drivers. >> i bet the guy driving the minivan was turning and didn't realize there were pedestrians in the crosswalk, sloe e slowed and got t-boned. >> i can't believe these people stayed on their feet. guardian angels are really busy right now. >>> not long ago, i braought yo guys this video. i'm sure you remember it. the deer that was in the fenced in backyard, tried to escape, got caught in the rod iron fence. >> we know it has a happy ending, but it's painful to watch. >> evidently these fences are a hazard to small deer. this, we believe, is in san antonio, texas. look at this little guy. listen to him crying for help. but this guy behind the camera and a friend or neighbor, they come to the rescue. they seem to know exactly what to do. they've got a white towel they put over the deer's face. watch. once they get the towel there, this deer completely calms down and just is kind of drooped over, laying on the ground. you can see some wounds on the deer's skin, but not serious. >> and it looks like the hind legs ar
say a better bet is cvs, which is charlie victor sam, ordered a terrific fek quarter by preannouncing. s that a safer bet. >>> new year, new ideas. what worked last year may not necessarily work this year. washington shennanigans continue. focus on far-oriented stocks. those are the ones that are coming back to life. be right back. >>> >> announcer: coming up, locking in profit? the housing market has been heating up. tonight, he spotted some household brands with takeover potential. find out if it's a housing play worth moving into. and later, mack daddy no more? 2012 was a tough year for ap people. will it turn around to regain its throne as the stoke to own? don't miss cramer's take. plus, win with wireless? there's a spat of new stocks on the street. and many more coming in 2013. from cutting edge next generation wi-fi to cruise lines. has your ship finally come in? or will there be a disconnect? cramer's breaking down what it takes for these stocks to tick up, just ahead. all coming up on "mad money." don't miss a second of "mad money." follow @jim krzcramer on twitter. p send ji
of the rifle association bet that the bill is going to fail. >> i would bet that the likelihood is that they are not going to be able to get an assault weapons ban through this congress. >> reporter: schumer called on wal-mart and others to suspend selling rifles. >>> back in action and back on the ice, sharks fans fill the stands now that the nhl lock out has ended. but they'll still have to wait to catch a game. >> these are few and far between. the jersey, the player and the signature move that has the bay area buzzing. >> as strong support, the political heavyweight backing secretary of defense hagel just days before his nomination hearing. >>> now to our continuing coverage of the san francisco 49ers and there is no cooling off the team or its fans after last night's big win. the niners are just one win away from a spot in the super bowl. here's a look right now at san francisco city hall. it is lit up in team covers and the red and gold glow will last as long as the team's postseason runs. and deborah villalon has more on how kaepernicking goes. >> reporter: this family sh
pushed to take big bets. that's later. but first, the shocking truth over the web of lies about flame retardents. why it's more toxic than you think. bill moller joins us next, after this "in the know" message. last spring the chicago tribune broke an explosive story about toxic flame retards used in furniture & the deceptive campaign to create demand for these chemicals. the reporting brought on all kinds of federal and state scrutiny. now the industry has come forward with a scientific report which has already been cited in congressional hearings. in a follow-up investigation, the tribune has found this study too is highly flawed. reporter sam roe wrote the story for the paper. first sam, in a nutshell, what did the paper find as to these flame retardants? > > the flame retardants don't work as advertised. they're in furniture throughout america and virtually every home, which would be great if they slowed fires, but what we found is that the data doesn't support that. they are not really effective, yet they pose health risks: they get out, they migrate, they get into us, they get i
into comedy and folk. >> the poets that were going on here. i bet you can't name a city that was more dominant in the culture of the united states than san francisco in the 50s. >> i think you're probably right. certainly in that era of our culture. now let's talk about jazz. since those early days of -- certainly not the early days of jazz but the early days of your career. how has it evolved or changed, or has it changed at all. >> it's changed geographically. new orleans, kansas city style, that's a city. chicago style, that's a city. east coast, new york. while there was a san francisco style they called it west coast school. so we're just part of the evolution guys that came out of here. >> thanks for playing this morning you certainly made our morning. >> you know history is repeating itself because my youngest son is playing with me tonight. he's from san francisco. and he's doing all the kinds of things i used to do here. played jazz, classical joints everything. so he's going to be playing with me too. >> go tonight and listen to the brubech's then. -- brubechs then. >>> we have a loo
girl and a supervisor of san francisco, i bet that you will be able to tell which one is which. >> the 10-year-old girl is the president of her class at her elementary school and the larger person is a member of the board of supervisors. >> hang on hannah oconnel and scott weiner. [ applause ] >> so i am not hannah. i will be reading wishes tonight and alternate. the first is from sisters in gramic of the sisters of loreto my wish is that we achieve marriage equality in every state and we resend doma on the federal level to achieve full quality for lesbian and gay relationships across the land. >> i wish that the bees were not dying from. >> that is a good one. >> my hope is for improved economic conditions for my country's most vulnerable people that we create healthy environments and green spaces and by country men and women become fully conscious of their ability to change things for the better. >> baptist from haiti. my wish is for more justice, economic as well as social justice, starting with the recognition that poverty is not a sin. >> i wish for wish for a world withou
that money for healthcare as is required. >>> still ahead, let the betting begin. the palace points us towards a possible due date and gift cards gone bad. the unpredictable things that can make your gift card void and what you can do about it. >> "argo" big at the golden globes but not what everyone likes it. what iran is doing to refute the award winning story. and the latest trend in food that may have you savoring every last bite while you still can. hear from the fed this afternoon.. billions of dollars in gift cards go to waste after the >>> wall street is mixed as investors wait to hear from the fed this afternoon. it's up 30 points with an hour to go. >>> billions of dollars in gift cards go to waste after the holidays. cbs 5 consumerwatch reporter julie watts explains in many cases, you need to use it or lose it. >> i got this in the early '90s and i hope my daughter gets do wear it. >> reporter: her love for betsey johnson spans generations. >> this was my mom's. >> reporter: so when her husband gave her a betsey johnson gift card a coup
tien men square. taiwanees independence. >> stephen: sure. tie bet existing. that's a sore subject. you have crushed britannica. you destroyed it. they no longer print. >> all right. >> stephen: how am i supposed to press my floarl rarngments. do you know how hard it is to dry a calla lily between two ipads? what is the next thing? what is the future of wikipedia? >> well, one of the things we're focused on is growth in the developing world. the other thing is we have a travel site that is opening up soon. we'll see how it goes. >> stephen: wikitravel? >> it's not wikitravel it's wikivoyager. >> stephen: you travel some place and said i love the atmosphere, try the win. >> exactly. [ laughter ] >> stephen: i'd good to that. [ laughter ] will you have a business model for that? >> no. >> stephen: why won't you take advertising? it's so easy. product placement. under marie antoine net's let them eat kate entry have an ad. think about it. >> i'll think about it. >> stephen: thank you so much, jimmy. f(@úcÑ>l@) " ii%)
of the power of his office if he's willing to expand political capitol, you don't want to bet your house on the outcome, but i would say that they are not going to be able to get an assault weapons ban through this congress. >> jennifer: actually 88% of republicans in congress have received a contribution from the nra at some point in their career, although according to the sunlight foundation, among democrats it's 11%. with long oddings of getting a ban through congress some governors are moving ahead with state-wide bans instead. governor o'malley is proposing one of these strictest in the nation. it would ban assault weapons and restrict visitor access to school, and require perspective gun owners to provide finger continues to police, and undergo a thorough background check. but how much teeth can a state ban have. joining me now is katrina vanden huevel, editor and publisher of "the nation." welcome back inside "the war room"? >> thank you governor. >> jennifer: i want to talk about the strategy of this and other issues. the president's strategy on it, the progr
to bet your house on the outcome, but i would say that the likelihood is this they are not going to be able to get an assault weapons ban through. >> let's be honest. we are not always going to be able to find these individuals who on a dime turn into madmen and what could help here in new town is a ban on assault weapons. i've got to tell you, i fundamentally believe that if we had a ban on assault weapons and a ban on high capacity magazines that this guy might never, ever have taken up arms to begin with. what happens is these guys start to get courageous when they think they can walk into a school or movie theater with the kind of guns they see in movie theaters. there would still be little boys and little girls alive in newtown today i believe if you bana sought weapons and high capacity magazine clips. that's something we can do and then do now. >> susan can diotti is in newtown, connecticut. there's the delicate subject of what to do about the school itself. do they make it a memorial or tear it down. susan? >> reporter: drew, tonight in newtown there was a public forum wi
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political capital, you don't want to bet your house on the outcome, but i would say that the likelihood is, they're not going to be able to get an assault weapons ban through this kwocongress. >> let's be honest, we're not always going to be able to find these individuals who on a dime turn into mad men. and what could have helped here in newtown is a ban on assault weapons. i have to tell you, if we had a ban on assault weapons and a ban on high capacity magazine clips, this guy would have never taken up weapons in the first place. there would be little boys and girls alive in newtown today, i believe, if you had banned assault weapons and these high capacity magazine clips. that's something question can do now and do now. >> susan candiotti is in newtown connecticut. the people of that town marked one month today. there's the delicate subject of what to do about the school itself, do they make it a memorial or tear it down? >> reporter: tonight in new town, there was a public forum with many people trying to decide what to do about the future of sandy hook elementary school, where the sh
-- you don't want to bet your house on the outcome. but i would say that the likelihood is that they are not going to be able to get an assault weapons ban through this congress. >> instead of dividing ourselves as a country along partisan lines let's come back to what is most pragmatic, what will keep people safe in america. >> all right. so let's dig right in. joining me now we have joining me msnbc's reverend al sharpton, ed shultz and peter alexander. peter, i want to start with you because we have heard that the president will be leading off the press conference focusing on the debt ceiling. what more do we know about how long that opening statement is going to be? >> we only know it's going to be some brief remarks from the president to kick off this news conference that will be notedly, thomas, the last news conference of his first term as president. but it's notable because it's the very same topic that you can expect he had to focus on the last couple of years he will focused on the next zell several months or years as he continues to battle with congress in ter
at treat one lane is blocked. >> we have to cash in our bet. that green bay anchor team that bet us that the 9ers would lose? >> yeah. >> i know. >> they are going to sing "i left my heart in san francisco" later on this week. i'm thinking thursday, right? >> they are going to hold a piece of cheese while singing am so hey, love it. >>> that's it for us. see ya. captions by: caption colorado comments@captioncolorado.com >>> good morning to our viewers in the west. it is monday, january 14th, 2013. welcome to "cbs this morning." the flu crisis forces new york's governor to take drastic measures as a vaccine shortage spreads. >>> a bombshell revelation expected today in the probe of natalie wood's death. our john miller breaks the news that could turn this infamous case upside down. >>> and the glitz and the glamour of the golden globes including jodie foster's spriding speech. >>> we begin this morning ith a look atted too's edtoday's eye opener. your world in 90 seconds. >>> my whole body hurt. my temperature was about 103. >> they're out of flu shots. >> j
use them, you're betting against the odds. the shooter in newtown, connecticut, got those guns from his home, legally purchased firearms. we took 2 96 guns off the street here thankful to dr. joe marshall and omega boys club. over 150 handguns, almost 150 rifles and shotguns, these are not what people keep saying aren't going to make a difference. this is absolutely making a difference. and i would say to the nra or anybody that says, hey, this isn't the problem, if it's not the problem, it will make a difference, it should make a difference banning them. let's err on the side of caution, keep the kids safe. thank you. >> let me also echo again my appreciation for commissioner dr. joe marshall because omega boys club has been a great partner. they are part of our effort to organize commutes, to intervene as early as we can, and i totally agree with the chief that these particular guns, if you look at them up front and close, you'll see they really shouldn't be in anybody's homes. they're designed to kill folks. many of them military style. i think to bring home the real story here i
rather than take them home. we had constant air raids every night. when you went to bet, we have the curfew, you would put your valuables in your pajamas and in your coat every night in the daytime i would ride in the front of the double decker bus and see the people with the damage to the dockyard every day. then i was sent to a place where they were getting ready for the day. we ran the other party boats. there was no harbour but just open sea. it was difficult. and was incredibly tense. the young men and would get drunk every night. it was to be ears. every night we had to take them back. if you can imagine in the dark, not a single light on the sea or the land and grow your way out juicy and the places where they belong to. but one of the main things was listen to these people. they wanted to talk. they had no idea why they were there. they wanted to talk about their families. was thinking via other night i don't think any of them talked about the future but four hours and hours of a talk to the young mariners most of whom were lost and for what it meant to them. so i think i
lew claim to fame to create a surplus bet americans are up in arms? >> nobody has a better resonate and jack lew who was an aide to tip o'neill during the reform of social security. republicans are really just playing partisan. lori: over the last three years ago with budget director u.s. has run deficits over $8 trillion per year in that rate is of contention with criticism. >> a lot of that's is more partisan fear than reality. one interview that he did when the president proposes budget that spending on government programs would balance with the revenues to equalize. their rubies smaller running deficits but that was the course scope and size issue. they said it is semantics but that is not the case. lori: do they not like him because he is a tough negotiator? >> that is part of it. >> except john kerry every nomination is criticized even in hagel is not good enough. so the backdrop of the obama was working in with a first term and dynamics were different but that was a solid choice and we could have huge ffghts ahead of us. >> with the cuts coming he no -- we know he will suppor
fasttrack has been slowed down. the major allies are active in your best bet is probably the nimitz freeway. no axes to report, it is not a hot spot is a typical back up out of oakland into san francisco. the san mateo bridge is looking good and we have not seen any slowdowns. this is westbound 92 just past the toll plaza. top speeds approaching the high-rise art about 13 to 4 minute it's on the span and southbound 1 01. it is busy heading out of stamford's is go into the north bay. the drive time is holding steady for those of you coming out of about up. highway 92 and skyway boulevard, a black ice reported and three of the lanes repor. westbound 580 is traffic coming out of tracy on 2 05 over the altamont pass we are seeing a lot of steady yellow indicating speeds averaging 35 mi. per hour. drive time is about 35 minutes from tracy to the 580 interchange. that is pretty typical as you head out to work or school. in the south bay a lot of green on the roadways but so is still a and enjoyable commute. no problems on westbound to 37. >> keeping our eyes on wall street investors hoping the tw
on your own, think about your experience in san francisco. and i would be willing to almost bet that somewhere in that experience you'll find a piece of moscone and a piece of milk. and i must tell you that for me it's on a daily basis. before coming here tonight, i told the mayor, i walked the embarcadaro. i do that quite often. i wander around san francisco. it's always amazing to me because as i wander around san francisco i'll see something or experience something that has come as a result of the most open, the most directed, and the most people-sensitive government anywhere in this world. and it comes as a result of two extraordinary people who gave their lives so that we can enjoy, and enjoy we must. thank you. (applause) >> thank you, mr. mayor. that was wonderful. i kind of messed up on the timing here. i apologize. but, so, i'm going to introduce assemblyman tom ammiano next and then we'll have the gay men's chorus and we will go to jonathan. so, just before tom gets up, tom was one of harvey's volunteers for many campaignses. he walked precincts and he was a very brave
capital, you don't want to bet your house on the outcome. i would say that the likelihood is that they are not going to be able to get an assault weapons ban through this congress. >> how about a clip? >> i think -- >> some kind of restriction on clips. >> i don't think ultimately they'll get that either. >> even some democrats in congress like joe manchin are acknowledging an assault weapons ban would have a hard time passing. >> assault weapons alone, on just guns alone, will not in the political reality we have today will not go anywhere it has so be comprehensive, candy. that's what i tried to tell the vice president and told everybody, it has to be a comprehensive approach. >> we'll talk much more about this with senator manchin and former utah governor jon huntsman straight ahead on "morning joe." >>> today marks one month since the mass shooting in newtown, connecticut. town officials are holding public hearings on what to do with sandy hook elementary school and whether students and staff should ever return to the building. some newtown residents are joining the na
don't want to make predictions -- you don't want to bet your house on the outcome, but i would say that the likelihood is they are not going to be able to get an assault weapons ban through this congress. >> as long as lawmakers need money to get re-elected, how can any law maker really take a stand and make it stick? >> we simply have to take a stand, and the nra leadership has never shown any shortage of arrogance, and they're not displaying any humility now, but this is a real tipping point. the country has reached an awful fatigue with these repeated gun tragedies. i think that will be reflected in what congress does. i think it will develop the spine and backbone necessary to pass an assault weapons ban, a ban on ammunition clips, to pass universal background checks, and i hope to remove this immunity that only one industry in america enjoys and that, in fact, protects a lot of unscrupulous gun sellers and dealers. >> congressman adam schiff, thanks so much for being with us. >>> it's been one month to the day since the killing rampage at sandy hook elementary in newtown, conn
if the united states of america is in fact a safe bet. markets could go haywire, interest rates would spike for anyone who borrows money. any homeowner with their mortgage, any student with a college loan, any business owner. it would be a self-inflicted wound on the economy. it would slow down our growth. ironically, we would probably increase our deficit. to even entertain the idea of this happening, united states of america not paying its bills is he responsible. we have to pay our bills. they can act irresponsibility and for america through another economic crisis. they will not collect a ransom in exchange for not collecting the american economy. the financial well-being is not leverage to be used. they better choose quickly because time is running short. the last time congress even flirted with this idea our credit was downgraded for the first time in history. ironically, it added to the deficit. it should not be surprising given all this talk that the american people think washington is hurting rather than helping the country at the moment. they overwhelmingly want us to create more
will ask if the united states of america is, in fact, a safe bet. the full faith and credit of the united states of america is not a bargaining chip. >> bret: the president of the united states today. his last news conference of the first term. quick reaction from mitch mcconnell who released this statement -- the president and his allies need to get serious about spending. debt limb debate is the perfect time for it. i know the most important issue confronting the issue of the country is deficit and debt. so we are hoping for a new seriousness on the part of the president with regard to the single biggest issue confronting the country. we look forward to doing so about the huge, huge problem. yonah goldberg. kirsten powers. charles krauthammer. okay, charles, start with the debt ceiling talk. what you heard from the president. >> the tone was remarkable. he talk about the republicans being suspicious of the social security and medicare by the oldest saw that you could hear. then he added making sure empovrished children get food. that's over the top. he said i love to hang out with a con
around the world will ask if america is in fact a safe bet. markets could go haywire, interest rates could spike for anybody who borrowing money, every homeowner who borrows money, every student with a student loan and every business owner who wants to grow and hire. it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, a financial disaster not only for us, but for the worldwide economy. so we have got to pay our bills. and republicans and congress have two choices here, they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leveraged to be used. the
of milk and plenty of sex. what about that for a recipe or lifelong? >> it's obviously worked. i bet her blood pressure would be on the low side. >> can we stay off blood pressure? >> looking at places where people live a long time, the story resonates. social structure around them, family with them here today and ability to make peace with what's going on in your life and then physical activity. and sex does count. >> i'm 48 and since i've gotten to my late 40s i have sleep problems. i wake up every night at 3:00 or 4:00 in the morning. i can't get back to sleep. >> i have a 1-year-old daughter who wakes up at 3:00 in the morning. for people who have broken sleep, how important is sleep? how many hours should you get? and if you can't get enough, what do you do about it? >> the number one underappreciated health problem in america is sleep issues. it drives over eating, high blood pressure. >> i can blame my 1-year-old daughter? >> assess, blame, condemn, that's what it comes down to. sleep issues, you mentioned you're awake in the middle of the night. anxiety can cause it, as we get ol
for the day you may not go back for your lunch but i bet everybody goes back for their phone. technology is not going anywhere and top tiered market looks for options in the phones but the bottom tier looks just for the phones. maybe there won't be such a leader and be more a follower and lower cost phone for the emerging markets. >> 900 million smart phones will be sold. people are buying their phones but they want to buy them cheaper. >> right. >> neil: stick around. president's thoughts and what others thought. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, . the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships matter.
. investors will ask if united states is america is a in fact a safe bet. >> reporter: they launched a new term by focusing on the issue likely to dominate the second term. >> shep: what are we hearing from republicans on this? >> republicans are looking at a fiscal perfect storm in march, avoid the fiscal cliff and renew funding for most government programs. john hoern boehner said the consequences of failing to increase the debt ceiling are real but so, too, the consequences of allowing our spending programs to go unresolved. congressman mike lee the latter problem could eclipse the first. >> we're going to face another credit rating downgrade without changing the washington spends mo money and the more importantly the way they borrow money. >> republicans feel now when they have the leverage to force the spending cuts in the fiscal cliff talks that they couldn't force last year. >> shep: the president also revealed, the vice president biden has turned in recommendations on how to reduce gun violence in our country. that was after the vice president met with groups including the national
have me on my fantasy team. >> if you have got a job and got your first paycheck of the new year, i bet you have noticed that your pay was less than the amount of your last check of 2012. and you are not the only one. thousands have taken to twitter to give their thoughts on the new payroll tax increase. here is just a few samples. one said just noticed all my employees part time hourly and et cetera will have more tax dollars taken out of their checks contrary to president's promise. liar? another one says did new tax goes into effect today? something i don't understand about the fiscal cliff. i got a raise yet, my paycheck got smaller. obama promised to increase taxes on families raising less than $250,000 a year. why do i have $30 less in my paycheck, mr. president. the president and his fellow democrats aren't done yet. they now want to increase more tax revenue by limiting your deductions. joining me to talk about the impact of these new taxes. country singer john rich, half of the duo big and rich. inadventure and managing partner of chord buddy a guitar learning tool travis berry
woman. she was a fashion editor. so how did they afford this? diana said i'll bet my bottom dollar it is a pair of debate outside. so he lived in this mansion of fifth avenue. he entertained his friends, but he slowly faded in the fall of 1945. bernard farouk was one of his favorite cardplaying partners during the final days. then he went into the hospital and died in january -- the end of january 1945 and his funeral was at saint bartholomew's church on fifth avenue. [inaudible] -- other members of roosevelt's brain trust? >> at what is his relationship with rexford talk well i'm probably way more and others are in the new to the brain trust? he was a part of the brain trust. he came into really had up for jobs programs. he did meet occasionally with a group at the department of agriculture. he obviously knew them all. he was close to felix frankfurter. the people that really worked with him for oscar cox and isadora lupine. but he was very close to frances perkins. frances perkins helped him get his job. hey, nancy. >> you tacked a little bit about cordell hull and the extraordin
was a working woman. she was a fashion editor. so how did they afford this? and diana said i'll bet my bottom dollar it was avril herriman who bankrolled that. so he lived in this mansion on fifth avenue. he entertained his friends. but he slowly faded in the fall of 1945. bernard pa rook was one of his -- baa rook was one of his favorite card-playing partners during the final days, and then he went into the hospital, and he died in january of -- right at the end of january 1945, and his funeral was at st. bartholomew's church on fifth avenue. i'm sorry, hi. yeah. >> what was hopkins' relationship to tugwell and other members of roosevelt's brain trust? >> yeah. what was his relationship with rexford tugwell and probably ray moley and the others who were in the sort of new deal brain trust. he wasn't part of the brain trust. you know, he came in to really head up the jobs programs. he did meet occasional ri with -- occasionally with sort of that rump group over at the department of agriculture. he obviously knew them all. he was close to felix frankfurter. his guys know -- the people who real
you bet it is. it stuns me that have of the american population completely fell for this employee mantra of hope and change that obama administration was going to be a transcendent administration that brought us all together. that is why barack obama burned the white house because he said he was going to be the great uniter. remember that great inaugural address, it was glorious, where he said to conservatives especially when we disagree, nice, beautiful, beautiful idea he was going to meet with conservatives in congress once a week. there was a great idea, too. he met twice, two times. so, three days after that beautiful speech, the conservatives in congress came to congress and had a meeting and eric cantor came from virginia and articulated the perspective on increasing taxes but we shouldn't do that. you know what obama said three days after especially when we disagree? he said eric, i1 coming you lost. then about a week later he says i want the folks that got us into this mess to do the whole lot less talking and a lot more listening. you know, you can talk of little bit but
weapons. >> you don't want to put your -- you don't want to bet your house on the outcome. i would say the likelihood is they won't be able to get an assault weapons ban. >> so far the nra has blocked package of another assault weapons ban like the one that expired in 2004. however some lawmakers say the american people are ready for tougher gun laws after the connecticut school shooting. >>> san francisco unified school district is planning drills so that their students and staff can practice on how to respond to a potential shooting on campus. the examiner reports it's all in the wake of the school shooting. also in a few months digital floor plans of all san francisco public schools will reportedly be made available to the police. police say police officers will go through training after new guidelines are set up. a date for that school drill has not been scheduled opinion >>> lance armstrong says he's ready to speak candiddedly with his interview with oprah today. armstrong says he will answer the questions directly and honestly. now it's widely believed that armstrong will confess
is hedging his bets if he doesn't make it all the way back to number one. he signed with rory who won't be 24 until may. player from two continent, he and tiger are the faces of nike golf. >> that all you got? >> oh, it's gonna be like that, huh? >> go, go. >> just trying to keep up with the old guy you know. >> yeah, is that your real hair? >> you'll learn. >> second spot. even better, very entertaining, by the way, he is abu dhabi right now for the announcement. he add bunch of different sponsors. why nike? >> is young. athletic. a brand that i've always felt very close with and associated with. and the best athlete in the world, i always thought, were nike athletes. >> he is not getting paid on par with some of those athletes. he smaking as much money off the course as any athlete. not just golfers. >> i always had these dreams and aspirations. but feels like i got here quicker than most and quicker than i thought i would. and now that i'm here, i just want to, you know, keep going and keep trying to improve, if i can. >> this is a major double down for nike. and mcilroy seems, like a grea
bet at the bank for a trader in london office cost more than the financial institutions to lose more than $6 billion. the federal regulator's order the banks to fix the poor risk management that led to the problem. heads have rolled at the bank with a trader and chief investment officer leaving in the wake of the loss. reports are surfacing an internal report could be released this week placing some blame on the eo, jamie dimon. what could very well slash the bonus and that could put him at risk of losing the entitlement of highest-paid banker. he took nearly $23 million last year thanks to his bonus. if that bonus gets cut, who could take over the title of highest-paid banker. number five the ceo of goldman sachs took home more than $15.5 million according to the sec includes more than 10 and a half million dollars in stock awards. number four, a familiar face, lloyd glenn fine. his pay package was also thanks to stock awards. number three, jpmorgan chase, the head of the investment bank and while his salary is less, his bonus was nearly a million dollars more. number two, the bank
as i could possibly be. if i had money, i would bet a big sum of money he's buried over here. >> how about that? jimmy hoffa last seen in 1975 when he was 62 years old. >>> her battle with a rare blood disorder has played out on morning television. but today, "good morning america" host robin roberts appeared on air with some great news. >> the last bone marrow test showed no abnormalities. majority of the marrow is my sister's and it is healthy. praise god. and what all this means, my doctors are waiting for this information to be able to tell me that i can begin the process of returning to the anchor chair. i'm coming home. >> thank goodness for her. we, of course, wish her well. the 52-year-old told her fellow hosts she'll be doing what she called a dry run behind the scenes next week. she doesn't plan to return until next month. >>> the wait for justin timberlake fans is over. he released a new single earlier today. take a listen. ♪ and as long as i got my suit and tie ♪ ♪ i'll show you a few things noelt. >> some dancing in in the studio. digging it. called "suit and tie."
, but what do you think the active managers are doing wrong? just lacking diversity? making the wrong bets? how come they so badly lagged the rest of the market? >> well, the essential reason for it is they lagged the market because they have to. these pools of capital and mutual funds are so huge, maybe 50%, 55% of the market, it's enormous. they can't outperform each other so they end up being average before cost and below average after cost. that's the math mettics, the rules of humble arithmetic. and those costs are higher than people expect. not only got the management fees, the operating expenses of a fund, they're explicit. some funds are highly priced. but there's also the trading cost. and the trading cost, the transaction cost, these portfolios turned over 100% a year. which is a lot to do with speculation and not very much to do with investing. >> is there no place then for -- in a person's individual portfolio for actively managed funds in your view? >> well, in reality i have to say there is no place. but there will always be managers that outperform, roughly offset by manager
your first paycheck of the new year, i bet you have noticed your pay was less than the amount of your last check of 2012 and you're not the only one. thousands have taken to twit tower give their thoughts on the new payroll tax increase and here are a few samples. one said just noticed all of my employees,part-time, hourly, et cetera will have more tax dollars taken out of their check contrary to the president's promise. liar. another one said, did new tax goes into effect today? something i don't understand about the fiscal cliff, i got a raise yet my paycheck got smaller. another one, says obama promised not to increase taxes on families making less than $250,000 a year. why do i have $30 less in my paycheck, mr. president. the president and his fellow democrats aren't done yet they now want to increase more tax revenue limiting your deductions joining me to talk about the impact of the new taxes, john rich, half the duo of big and rich. inventing partner of cord buddy, the guitar learning tool. and william marsh comes back to join us, good to have you here. [applause] >> okay. i w
with everyone's names and addresses. they also didn't publish police officers. i bet a lot of them did not get published. >> i thought they did. >> i know people that did not. >> maybe because it was older than five years the permit. >> what happened with the law enforcement officers is most law enforcement officers don't apply for a pistol license because they can carry on their shield. i have spoken with friends of mine who are state troopers and other police they were told by unions you don't need to have a license. that was your prerogative to get it. that's why we would rather you didn't have it. >> let me ask you another question here. the governor of new york says the madness has to stop he gives a big state of the state address he wants to have the toughest gun laws in the country. connecticut had one of the toughest ghun laws -- gun laws in the country. he used the word confiscation. >> as a senator people have to realize this governor is on the record talking about confiscation. people have to get activated in the state of new york. there are bills that sent police and turn those ind
to expend political capital, you don't want to make predictions. you don't want to bet your house on the outcome, but i would say that the likelihood is that they are not going to be able to get an assault weapons ban through this congress. >> cnn's susan candiotti is in newtown, connecticut, right now. the people of that town marked one month since the massacre at sandy hook elementary school and discussed the delicate subject of what to do about the school itself. >> reporter: drew, tonight in newtown there was a public forum with many people trying to decide what to do about the future of sandy hook elementary school where the shooting occurred. and there were so many different opinions. do they tear it down forever? do they rebuild the school? do they put a memorial there? hard to get a consensus, but not surprising in this town since it's only been a month since the shooting. st. rose of lima church lost nine of its youngest members at sandy hook. a vigil drew thousands that first night, and then there were the funerals. >> i was this far away from the families. it was palpab
political capital, you don't want to make predictions. you don't want to bet your house on the outcome, but i would say that the likelihood is that they are -- >> senate leaders have promised that gun safety legislature will be among the first bills introduced in the new congress, but on friday, harry reid told his hometown station vegas pbs that an assault weapon ban could fail in the house and it could maybe pass the senate. he added, i quote, the american people want us to be very cautious what we do and he was noncommittal about what gun safety legislation he would support saying you don't have to look at any one thing. democrats need to hold on to a handful of seats in these red states. louisiana, arkansas, north carolina, alaska, south dakota, montana and west virginia. that's where five term senator jay rockefeller lay announced he plans to retire. listen to what his colleague said a month ago and what he's saying now shows just how difficult the politics of the gun issue remain. >> i don't know anyone in the sporting or hunting arena that goes out with an assault rifle. i don't
people do not want the country's financial rating to be held hostage effectively, and he is betting against the republican notion that americans really do want to fight over the debt ceiling. >> well, a couple of points. i don't know that they've arrived at a bedrock strategy yet. i think it's very clear the president does not want to have these protracted fights over the debt ceiling because you have something that's so damaging if you can't reach an agreement and both sides ultimately know they have to get to some level of resolution so it becomes such a bad way to negotiate. the president institutionally would love to either get control of that, which he is unlikely to get, or to just make it a separate issue and then let them -- himself included -- all debate the deficit independent of raising the debt ceiling. he is making an argument. he is appealing directly to the american people about this. this press conference was mostly an argument about that very point, but at the same time you heard the president say that he is willing to make modifications to medicare. i know talking
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